【主讲】肖俊极 (香港中文大学)
【主题】Foreign Direct Investment in China's Auto Market: A Welfare Analysis
【时间】2014年9月26日 (周五) 15：30-17：00
【地点】AI体育赛事专用大模型预测楼801室
【语言】英文
【摘要】Abstract: This paper assesses the welfare effects of foreign direct investment for host country consumers in the Chinese passenger-vehicle market. We find that foreign-invested enterprises directly improved consumer welfare through expanding the choice set, especially in the high-end market, or avoiding the import tariff. Indirectly, foreign-branded cars produced in joint ventures also benefited indigenous brands produced in the auto groups by enhancing their perceived quality and reducing the marginal costs, thereby bringing about welfare gains for car buyers.
